Affordable Rental Unit definition

Affordable Rental Unit means a dwelling unit in an eligible

Affordable Rental Unit means a Rental Unit for which the Monthly Rent, plus Utilities, at the time the Mayor received the Offer of Sale, was equal to or less than the Maximum Rent for a Rental Unit at the fifty percent (50%) MFI Level.

Affordable Rental Unit means a Dwelling that is rented to an Eligible Tenant at Affordable Rent; (d)“Agreement” means this agreement and includes all recitals, instruments, schedules, and amendments thereto;

Examples of Affordable Rental Unit in a sentence

• Affordable Rental Unit - an Affordable Housing unit required to be rented to an Eligible Household.

• The Representative shall have received a letter from the Rating Agency stating that the Offered Notes have received a rating of not less than “BBB”.

• To determine eligibility of a prospective Tenant of an Affordable Rental Unit, Kiwanis may reasonably rely on information provided by the prospective Tenant, provided that Kiwanis will require all reasonable information necessary to confirm eligibility (including without being exhaustive income tax records, employment records, school records, residence and/or employment history, and other).

• Kiwanis will not prohibit Tenants from having Pets in an Affordable Rental Unit, subject to all applicable provincial, federal and municipal laws and bylaws.

• His music and dance are perfectly beautiful, but unfortunately because King Wu came to throne through conquest, it is not as good as a peaceful succession.

More Definitions of Affordable Rental Unit

Affordable Rental Unit means a Dwelling Unit within the Development that are to be used and occupied in accordance with Sections 2.1 and 2.2 of this Agreement;

Affordable Rental Unit means a dwelling let by Local Authorities or Registered Providers of social housing to households who are eligible for social rented housing and is subject to rent controls that do not exceed 80% of the rent that would have been charged had the rent been valued on an open market basis inclusive of any service charges

Affordable Rental Unit means a Unit that is rented to an Eligible Tenant Household at an Affordable Rent.

Affordable Rental Unit means either the ADU or the remainder of the Home that is rented to an Eligible Tenant Household at an Affordable Rent.

Affordable Rental Unit has the meaning given to that term in section 3.1(a);

Affordable Rental Unit means Residential Dwelling Units to be constructed on Block F of the University Endowment Lands or on an airspace parcel subdivided out of Block F that are available for rent at an Affordable Rental Rate;

Affordable Rental Unit means each Rental Unit that is owned or operated by any government agency, or any individual Rental Unit for which the Rent is limited to no more than affordable rent, as such term is defined in California Health & Safety Code Section 50053, for lower income households pursuant to legally binding restrictions recorded for the benefit of a government agency. However, if the ownership or operation, or the Rent limitation ceases, then the Rental Unit will no longer be considered an Affordable Rental Unit. The presence of one or more Affordable Rental Units in a Multiple Dwelling shall not exempt any other Rental Unit in the same building that does not also meet the definition of Affordable Rental Unit.